Breaking NewsTreasuryandRisk.com will be offline for scheduled maintenance Saturday July 24 5 AM US EST to 8:30 AM EST. We apologize for the inconvenience.

 
X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Stock image of dollar bill cut up like a puzzle with COVID-19 designs on top of it

The costs to Americans from the coronavirus pandemic continue to grow, casting a pall over the year-end holiday season.

Twenty-one percent of U.S. workers in a new survey say their confidence in their ability to retire comfortably has declined, and only 27 percent are highly confident they will be able to fully retire with a comfortable lifestyle, according to Transamerica Center for Retirement Studies (TCRS), a nonprofit organization.

“Before the pandemic, the retirement prospects for many workers was iffy at best,” Catherine Collinson, chief executive and president of Transamerica Institute and TCRS, said in a statement. “It will take years for many workers to financially recover—and some may never recover. Help from policymakers is needed to strengthen the U.S. retirement system.”

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.